Over at Untemplater.com, J. Money issued a challenge to not spend any money outside of the necessary (e.g. groceries and utilities) for 30 days. Well, I’m taking him up on it.
So I’m anxious/curious to see what habits and mindsets change for us. This experiment could be a real paradigm shifter for us.
We will begin on March 31st at midnight and end on April 30th at midnight.
- The following expenses are acceptable: mortgage, HOA, utilities, cell phone bill, groceries (see Guideline #2), auto and home insurance, and gas.
- We have a $500 a month grocery allowance. Some of that $500 is on non-essential expenses. So, we are changing that budget to $450 for the month of April.
- Exceptions: A birthday gift for my father and tickets to the Man Expo (I’m just not missing that)
I will report back weekly in a post about how well we are doing and how we are overcoming temptations, which I know there will be many. Heck, I added three books to my Amazon wishlist today.
So have you ever tried living off the bare minimum? Any advice? Let me know in the comments